PPP Loan information for Automatic distributors

$660,500

Automatic distributors was initially approved for PPP Loan of amount $660,500, the current approved amount is $660,500. The loan was approved on 04/07/2020 by The Manufacturers and Traders Trust Company reported 79 jobs and $660,500 was used to fund payroll.

Automatic distributors is Existing or more than 2 years old

AUTOMATIC DISTRIBUTORS

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

AUTOMATIC DISTRIBUTORS

Borrower Address

22 TARGET CIR

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401-5716

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

660500.00

Current Approval Amount

660500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-5716

CD

ME-02

Jobs Reported

79

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

660500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

664643.96

Forgiveness Date

12/09/2020

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